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Meaning
This frames debt as something judged by what it does to your life, not just by its size. It can be taken to mean that borrowing for consumption, especially for things that lose value, drains freedom rather than building it. It lands in a conversation about money when someone is trying to separate useful borrowing from habits that quietly keep them stuck.
When It Was Said
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Who It Was Said To
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Historical Context
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Source
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Original Language & Translation
Originally said in English.
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About Robert Kiyosaki
American businessman, entrepreneur, and author
Robert Kiyosaki is an American businessman, entrepreneur, and author, known for the Rich Dad Poor Dad series of personal finance books. He founded the Rich Dad Company, which offers personal finance and business education through books and videos, and Rich Global LLC, which filed for bankruptcy in 2012. His writing is centered on money, business, and financial education.
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